Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangibles

Changes in the carrying amount of goodwill were as follows:

	Metal Containers		Closures		Plastic Containers		Total
	(Dollars in thousands)
Balance at December 31, 2019	$	113,463	$	801,776	$	226,984	$	1,142,223
Acquisitions	—		527,270		—		527,270
Currency translation	(84)		35		(830)		(879)
Balance at June 30, 2020	$	113,379	$	1,329,081	$	226,154	$	1,668,614

In connection with our acquisitions of Cobra Plastics and the Albéa Dispensing Business as discussed in Note 3, we recognized goodwill of $527.3 million.

The components of other intangible assets, net were as follows:

	June 30, 2020				December 31, 2019
	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
	(Dollars in thousands)
Definite-lived intangibles:
Customer relationships	$	688,391	$	(126,737)	$	422,042	$	(116,575)
Other	68,075		(26,713)		39,447		(22,439)
	756,466		(153,450)		461,489		(139,014)
Indefinite-lived intangibles:
Trade names	32,140		—		32,140		—
	$	788,606	$	(153,450)	$	493,629	$	(139,014)

In connection with our acquisitions of Cobra Plastics and the Albéa Dispensing Business as discussed in Note 3, we recognized intangible assets for customer relationships of $271.5 million and technology know-how of $27.0 million.

Amortization expense was $8.1 million and $14.9 million for the three and six months ended June 30, 2020, respectively, and $6.8 million and $13.6 million for the three and six months ended June 30, 2019, respectively. Amortization expense is expected to be $35.8 million, $40.4 million, $39.3 million, $39.2 million and $38.3 million for the years ended December 31, 2020 through 2024, respectively.